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The Hong Kong Securities and Futures Commission further interpreted the circular issued on May 22. The frequently asked questions (Question 9) in the circular mentioned that licensed companies in Hong Kong can continue to open new accounts for investors from mainland China (i.e., investors using Chinese resident identity cards and/or Chinese passports as identification documents), but must comply with all account opening regulations.The Hong Kong Securities and Futures Commission stated that licensed companies in Hong Kong can continue to provide services to existing clients from mainland China, provided that such services are not offered within mainland China and that they have complied with all relevant laws and regulatory requirements of Hong Kong and applicable jurisdictions. The Hong Kong Securities and Futures Commission also noted that it is aware of the notice jointly issued by the mainland authorities on May 22, 2026, and that the relevant requirements also apply to financial institutions in other jurisdictions (not limited to Hong Kong) when providing services to investors from mainland China.

According to monitoring by Catcher Predict, the probability of the "Yes" option in the sub-market "Josh Hart: Assists O/U 1.5" for the event "Spurs vs. Knicks" on the prediction market Polymarket has experienced significant fluctuations, rising from 67.5% an hour ago to the current 91% (a fluctuation of 23.5%). Please note the impact of related breaking news.

According to The Information, OpenAI is negotiating a 20-year lease agreement, which will become its largest infrastructure investment commitment to date. Nvidia has discussed providing credit support for the project.

According to Bits.media, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas stated that the EU plans to restrict 11 cryptocurrency platforms in the 21st round of sanctions, claiming that these platforms assist Russian authorities and businesses in evading international sanctions. The new measures will also tighten the ban on providing cryptocurrency-related services to third countries, expand the sanctions list, and prohibit transactions with these 11 cryptocurrency platforms, although the names of the platforms have not been disclosed.European Commission President Ursula von der Leyen stated that the new sanctions aim to increase pressure on the structures that help Russia maintain international financial channels. In addition, the new sanctions will involve about 90 Russian banks, of which 31 may face a complete trading ban. The EU has already imposed sanctions on cryptocurrency transfer and exchange service providers registered in Russia in the 20th round of sanctions, which took effect on May 24.

The State Duma of Russia has passed a cryptocurrency tax reform bill submitted by the government in the first reading, aiming to further clarify the tax rules related to digital assets. According to the draft, the taxable base for cryptocurrency transactions will be calculated based on the positive difference between income and costs, allowing investors to offset gains and losses from digital currencies and foreign digital rights assets within the same tax period.The bill also requires brokers and trust management institutions to fulfill the obligation of withholding and paying personal income tax in cryptocurrency and foreign digital rights transactions, and to retain relevant transaction vouchers for at least five years. At the corporate level, except for cryptocurrency mining, income and expenditure related to foreign trade involving digital assets will be included in the corporate income tax base, and foreign digital rights assets will also be treated as cryptocurrency for tax purposes.In addition, the Budget and Tax Committee of the State Duma of Russia has suggested further amendments to the bill in the second reading, requiring licensed cryptocurrency exchange platforms to assume tax agency functions, directly withholding personal income tax when users buy and sell cryptocurrencies. If the final legislation is passed, Russia's regulatory system for digital asset taxation will be further improved.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the "Spurs vs. Knicks" event, the "is" option for the sub-market "Stephon Castle: Assists O/U 6.5" experienced a dramatic fluctuation in win probability, dropping from 55% an hour ago to the current 37.5% (a fluctuation of 17.5%). Please note the impact of relevant breaking news.

According to Gate market data, the three major U.S. stock indices rebounded during the session, with the Dow Jones Industrial Average turning positive first, the S&P 500 index's decline narrowing to 0.5%, and the Nasdaq's decline narrowing to 1.2%.

According to Jinshi reports, the President of the Hong Kong Monetary Authority, Yu Weimen, stated in a media interview that Anchor Technology is expected to launch a stablecoin by mid-year and will begin trial use in a few weeks.HSBC is expected to launch a stablecoin in the third to fourth quarter of this year, with different application scenarios; Anchor Technology focuses on cross-border payments, while HSBC emphasizes retail payment scenarios. Yu Weimen emphasized that Hong Kong will continue to attract global capital inflows.

According to The Block, a research paper released by IC3, composed of researchers from top universities such as Cornell, Carnegie Mellon, Princeton, Yale, and ETH Zurich, points out that the role of cryptocurrency in addressing the main challenges in the AI field is severely overestimated.The paper clarifies three major misconceptions: providing AI agents with wallets does not make them truly "autonomous," but only enables automated trading; blockchain is suitable for timestamping records but cannot effectively distinguish between AI-generated content and human content; decentralization cannot fundamentally solve the problem of bias in AI algorithms.IC3 believes that while cryptocurrency can provide some infrastructure support for AI, its practicality in areas such as trust, payment, and content verification is limited.

BitRing announced the official launch of the red envelope feature. According to the introduction, this feature can directly connect to the red envelope activities of Binance Square and supports real-time reminders to users through wearable hardware devices such as Apple Watch and WHOOP.In addition, this product also integrates KIMI AI technology, aiming to automatically discover and filter high-value red envelope opportunities through AI algorithms, assisting users in obtaining rewards more efficiently. The official statement indicates that BitRing is committed to building a new on-chain lifestyle ecosystem that integrates health, AI, rewards, and community for Web3 digital nomads.

Russian Deputy Finance Minister Ivan Chebeskov stated that Russia may introduce fees, recommendations, and technical protection mechanisms for "unfriendly" cryptocurrency transactions to protect Russian investors. During the preparation for the second reading of the cryptocurrency market regulation bill, one of the core topics is whether to allow specific digital assets (including USDT and BNB) to participate in trading. Ivan Chebeskov pointed out that the operation of such tools may pose high risks to Russian users, and therefore additional protective measures are being considered, including economic incentives such as fees or recommendations to encourage citizens to hold other assets.Previously, the Russian Ministry of Finance considered excluding USDT from the cryptocurrency market regulatory framework, but industry participants expressed their willingness to bear the risks of using the tool themselves. Additionally, in the regulatory concept proposed by the Central Bank of Russia last December, it was suggested that digital currencies and stablecoins be classified as foreign exchange assets, allowing buying and selling but prohibiting their use for domestic payments for goods and services. Ineligible investors may purchase the most liquid cryptocurrencies after passing specific tests, and the annual limit for purchasing assets through a single intermediary does not exceed 300,000 rubles.

According to monitoring by Catcher Predict, the probability of the "Yes" option in the sub-market "Mikal Bridges: Assists O/U 0.5" for the event "Spurs vs. Knicks" on the prediction market Polymarket has experienced significant fluctuations, dropping from 90.5% an hour ago to the current 71.5% (a fluctuation of 19%). Please note the impact of related breaking news.

According to Gate market data, the S&P 500 Index and the Nasdaq 100 Index have pulled back from their intraday highs, currently up 0.7% and 2% respectively.

Bitget Chief Legal Officer Hon Ng today released an open letter, announcing that Bitget has officially launched the 2026 Global Anti-Fraud Month campaign, themed "More Assets, Stronger Protection."In the letter, Hon Ng pointed out that as the platform expands from crypto assets to a multi-asset ecosystem, users face increasingly complex cybersecurity threats while enjoying broader market access. He emphasized that the multi-asset era means greater responsibility. User protection is not a one-time project but a continuous result of risk monitoring, rapid response, security education, and industry collaboration.The open letter also disclosed Bitget's security and anti-fraud achievements for 2025. Data shows that Bitget intercepted over 150 million malicious attack requests throughout the year, identified over 13,000 high-risk malicious IPs, handled 18,135 user protection cases, and assisted users in recovering approximately $32.3 million related to security incidents and fraudulent activities.In addition, Bitget's security system achieved over 2.8 billion risk interceptions through customized protection rules, defended against over 1.5 billion DDoS attack attempts, and introduced machine learning-based behavioral analysis capabilities to further identify suspicious activities and potential risks.

According to The Block, JPMorgan analysts stated in their latest report that although Strategy's previous sale of 32 bitcoins caused market fluctuations, it was merely a symbolic operation, and the real issue lies in the lack of demand from new investors.The report pointed out that Strategy's current dollar reserves are only sufficient to cover about 6.3 months of preferred stock dividends, and it is recommended that they rebuild their dollar reserves to restore investor confidence. JPMorgan also lowered its expectations, believing that the likelihood of the U.S. crypto market structure bill (Clarity Act) passing this year is now below 50%, and has shifted to a cautious stance on digital assets as a whole.Nevertheless, analysts still expect Strategy to continue buying bitcoins and believe that the current market weakness may become a bullish reversal signal in the future.

According to analyst Darkfost's data, Bitcoin has retraced and fallen below the 4% percentile of the Power Law model, entering an extremely undervalued range, a valuation level that has historically been present only 4% of the time. Darkfost emphasizes that this is a suitable time for long-term position building, not a short-term price prediction.

According to Crypto Briefing, the Central Bank of Russia has rejected the proposal to immediately expand access to cryptocurrencies, not allowing non-qualified investors to trade cryptocurrencies other than Bitcoin, Ethereum, and USDT. Vice President Vladimir Chistyukhin stated that after the new regulations come into effect, only these three mainstream digital currencies will be allowed for trading.Chistyukhin pointed out that the high volatility of cryptocurrencies, market risks, and the possibility that stablecoins may be restricted or frozen are reasons for maintaining strict limits. These rules are part of Russia's digital currency legislation, which is expected to come into effect next month after being overwhelmingly passed in the first reading by the State Duma in April. Regulators also intend to maintain the proposed investment cap of 300,000 rubles.As part of the proposed rules, both qualified and non-qualified investors must pass a mandatory knowledge test before purchasing any digital assets. From 2027, unauthorized cryptocurrency lending will be prohibited. The bill still needs to go through a second reading, a third reading, approval from the Federation Council, and presidential signing to become law.

According to a report by Jinshi citing Iranian media Fars News, each tanker passing through the Strait of Hormuz will be charged between $150,000 and $2 million, and some of the fees for the vessels may not be paid in cash, but rather in goods or through barter.

On June 5, Grayscale submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), planning to launch the Grayscale Canton ETF.According to disclosures, the Grayscale Canton ETF is a spot ETF, with specific product details yet to be announced.